Edenville Energy Share Discussion Threads

[tidy 2] 18/1/2017 07:28

Cash positive this Q due to coal sales to several new long term customers. Expect contracts for this imminently.

[r88ave] 18/1/2017 07:23

If it takes months, how come in the meantime they will be cash generative in this coming Q1.?

[lightmyarse] 18/1/2017 07:20

They are only at the 2nd stage of the ESIA this takes months to complete. And in doing so with the bfs will take longer.Those kidding themselves that this is some sort of major RNS is having a laugh. Useless RNS

[r88ave] 18/1/2017 07:16

Probably explains why the MM were aggressive to obtain more shares yesterday from weak holders. I wonder if we will break through 1p today?

[r88ave] 18/1/2017 07:08

Excellent RNS this morning

Love this bit, indicating potentially no placing at this stage!!

It is planned the final stage of the ESIA is completed in parallel with the Bankable Feasibility Study (BFS) for the power plant. An integrated approach will ensure all necessary technical, environmental and social considerations are taken into account when completing these specific areas. We look forward to providing further updates as the work progresses towards completion

[tidy 2] 17/1/2017 14:21

Rather than sou I've switched over to AEX who have a similar story going on as sou but the Mcap are miles apart.

[telbap] 17/1/2017 14:07

Teacup......nice holding.....admire your bravery holding the original core at 90% down!!It would appear to be working out here certainly will be topping up if they move the right direction.Sou will flap around until the ewt news is out, even then I am not sure that the share price will move on much, if at all, most likely TE8 bearing gas and being connected.I personaly feel that the JP road show will be in full swing at the gherkin, so he will hold up most of the TE7 ewt and presure news till then.....exciting times for both companies ahead.

[tidy 2] 17/1/2017 13:34

Towards close possibly

[miahkaysor] 17/1/2017 13:25

Any chance of Blue screen today?

[teacup] 17/1/2017 12:20

Telbap

Yes up to 1.5 Million now. I had a small core holding that I was 90% down on, bought the vast majority over the last few months between 0.41p and 0.8p.

SOU made up too much of my portfolio. If EDL moves over the next few weeks I may sell a few to add more SOU. If SOU moves first I may just sell a few SOU (not many) to add more here. I see both stocks with a considerable higher share price than now. Loaded up and feeling good about my position.

[telbap] 17/1/2017 08:47

I only picked £2k will deffo add if the story works.

[telbap] 17/1/2017 08:46

Teacup, big holding here?

[lightmyarse] 17/1/2017 08:22

Timberrrrr

[teacup] 17/1/2017 08:19

Profit is profit and the market likes cash flow and profit.

[telbap] 17/1/2017 08:02

And the market boys.:-)

[wolfcub] 17/1/2017 08:01

I am very much in agreement teacup . Exciting times anyhow - GL all.

[teacup] 17/1/2017 07:53

Sounds daft but this is going to 10p. I expect a placing or some other form raising working capital. EDL are in a great position and I don't see that raising funds for working capital will have a negative effect, quite the opposite. Once we have working capital that will reduce the time towards releasing the large profit in the coal field.

Lots to take in over the next few months but cash flow and profit isn't far away. The share price will reflect this. With a few more pieces of this particular jigsaw we we could be looking at a company valued at well over £100 million, look where we are now!!!!

[bibdaddy] 17/1/2017 07:36

lma

zzzzzzzzzzzzzzzzzzzzzz

[r88ave] 16/1/2017 20:12

Bullish flag pole rise in play after breaking out should see as least 1.15

[r88ave] 16/1/2017 20:04

Excellent day
Last week big rise initially, small consolidation day after and steady rise today with more to follow
Watch it go through 1p very shortly